RTIH presents the retail technology week in numbers
Do you like numbers? Do you like retail systems news? Then this is the article for you. Including Amazon, Sainsbury’s, Selfridges, Food Rocket, and Retail Technology Show.
10%…Amazon shares took a 10% hit after the e-commerce giant admitted it was struggling under a weight of costs that were making its life difficult.
3…Vodka brand Grey Goose has launched three flavours under its new Grey Goose Essences belt with an interactive augmented reality installation at Heathrow Airport’s Duty Free, developed by Swipe Back.
The brand tasked the agency with building awareness of its portfolio of products by focusing on sight - the first of the five senses - to create “a multi-sensorial AR experience”.
200 and 90…Retail Technology Show welcomed thousands of attendees over two days at London’s Olympia this week.
They were joined by 200+ technology vendors, exhibiting the latest innovations to drive the industry forwards, and over 90 speakers, who took the biggest debates and hottest topics to the conference stage.
200…Dayrize was crowned the winner of the 2022 Innovation Awards from Retail Technology Show.
Selected from the 200+ retail technology providers exhibiting at the event, the awards celebrate and recognise the most future forward technologies with the power to transform retailers’ operations.
With demand for green retailing on the rise, the judges were impressed with how Dayrize’s sustainability driven solution offers advanced impact measurement technology.
This provides transparency throughout the entire lifecycle of a product, making it easy for both consumers and businesses to understand, and ultimately reduce, their environmental impact.
1…A first of its kind collaborative Web3 project with Paco Rabanne and Victor Vasarely, and powered by Selfridges, launched this week.
An NFT collection brings Paco's archive of haute-couture dresses and Vasarely's op-art artworks into the metaverse.
15 minute grocery delivery service, Food Rocket, has announced a $25 million Series A investment round.
This will be used to expand its offering in Chicago and other cities throughout the US, as well as reinforce its AI enabled software and enhance the team.
The lead investor is Alimentation Couche-Tard (ACT), which has more than 14,000 Circle K and Couche-Tard locations in 26 countries and territories, including 7,000+ in the US.
2…Critizr has announced the judging panel for the second edition of its Proud Of My Store competition.
Judges as follows: Paul Barnes, CEO, Association of International Retail; Natalie Berg, Founder, NBK Retail and Interim Director of Insights, BRC; Adam Leyland, Editor, The Grocer; Steve Collinge, Insight DIY; Anthony Hawman, Co-founder & CPO, TheIndustry.fashion; Claire Saunders, Manager, Co-op.
The aim here is to celebrate the exceptional people working in store teams around the UK.
500,000…Checkout-free technology firm, Zippin, says that it has served over half a million shoppers in one of the 50 stores powered by its solution.
50 and 100…Asda customers in almost 50 locations can now return parcels from 100 UK retailers and George.com at the same time as receiving their regular grocery delivery.
€15 million…E-commerce data analytics platform startup, Conjura, has raised €15 million in Series A funding.
The round was co-led by Act Venture Capital and MiddleGame Ventures, with participation from Tribal VC.
Conjura, which was founded in 2018, will use the capital to enhance its e-commerce solutions to “address the sector’s ever increasing digital needs in a multi-product solution”.
The company is also planning to broaden its UK and Ireland operations and expand into several international markets simultaneously.
1…Meta (or the company formerly known as Facebook) has announced Meta Store, its first physical retail space, which will open on 9th May on its campus in Burlingame, California.
Visitors will be be able to get hands on experience with all the firm’s hardware products.
2 and 1…Westfield UK will host a live two-hour shopping event, Summer Styled, on its newly launched UK TikTok account on 29th April.
It says that this makes it the first physical retail destination to engage in a live shopping event on TikTok Shop in the UK.
Filmed live from a Westfield London studio between 4pm and 6pm, the event is part of Westfield’s spring/summer fashion campaign.
2…The Currys ShopLive omnichannel offering has turned two.
The service, which launched in June 2020, connects customers to a video chat with a tech expert.
